{ "version": "https://jsonfeed.org/version/1.1", "user_comment": "This feed allows you to read the posts from this site in any feed reader that supports the JSON Feed format. To add this feed to your reader, copy the following URL -- https://www.pymnts.com/category/acquisitions/feed/json/ -- and add it your reader.", "next_url": "https://www.pymnts.com/category/acquisitions/feed/json/?paged=2", "home_page_url": "https://www.pymnts.com/category/acquisitions/", "feed_url": "https://www.pymnts.com/category/acquisitions/feed/json/", "language": "en-US", "title": "Acquisitions Archives | PYMNTS.com", "description": "The latest global news and analysis in payments, retail, fintech, financial services and the digital economy.", "icon": "https://www.pymnts.com/wp-content/uploads/2022/11/cropped-PYMNTS-Icon-512x512-1.png", "items": [ { "id": "https://www.pymnts.com/?p=3691021", "url": "https://www.pymnts.com/acquisitions/2026/oppfi-moves-deeper-into-banking-with-130-million-bnc-purchase/", "title": "OppFi Moves Deeper Into Banking With $130 Million BNC Purchase", "content_html": "

Online lending platform\u00a0OppFi\u00a0is set to acquire\u00a0BNC Bank\u00a0for $130 million.

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The deal,\u00a0announced\u00a0Wednesday (April 29), is designed to capitalize on both OppFI\u2019s digital finance capabilities with BNC\u2019s national banking charter.

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\u201cCombining our operations under unified regulatory supervision by the OCC and Federal Reserve simplifies and strengthens our compliance and risk management,\u201d\u00a0Todd Schwartz, OppFi\u2019s CEO and executive chairman, said in a news release.

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\u201cThis will position OppFi/BNC for long term scalability and sustainable growth. We are excited to get to work with BNC\u2019s team to maximize the strengths of our businesses and continue to find ways to better serve customers who have been traditionally underserved by banks.\u201d

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Headquartered in Arizona, BNC had approximately $1.1 billion in total assets and approximately $1 billion in total deposits as of the end of last year. OppFi\u2019s platform is designed to connect consumers with community bank partners and\u00a0consumer loans.

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The company said the acquisition will allow it to deliver more services, such as Small Business Administration (SBA) lending, secured consumer lending and wealth management.

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OppFi\u2019s acquisition plan comes as many other FinTechs are working to land banking charters, as PYMNTS wrote last month.

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In fact, that report said, the\u00a0Office of the Comptroller of the Currency\u00a0(OCC) has gotten\u00a0so many applications\u00a0for banking charters from FinTech, payment and crypto firms to lobbying group the Bank Policy Institute (BPI) is considering suing the regulator over its wave of approvals.

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In 2025 alone, the OCC received 14 de novo charter applications, a number nearly equaling the total applications received by the agency in the prior four years put together. By the middle of March, the OCC had approved four new applications and received more than seven.

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Earlier FinTech-to-bank conversions depended heavily on acquisitions. Buying a bank provided speed and regulatory certainty, while also importing \u201clegacy systems, cultural mismatches and balance sheet constraints designed for a different era,\u201d PYMNTS wrote.

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A bank charter \u201cis\u00a0not a trophy, and it certainly isn\u2019t a product label, but it\u2019s a public trust,\u201d Rodney E. Hood, former acting comptroller of the currency, told PYMNTS affiliate Competition Policy International in a January interview.

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\u201cA federal charter should never be construed as an end run around supervision, and it should certainly never be a pathway to scale without accountability,\u201d he added.

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The post OppFi Moves Deeper Into Banking With $130 Million BNC Purchase appeared first on PYMNTS.com.

\n", "content_text": "Online lending platform\u00a0OppFi\u00a0is set to acquire\u00a0BNC Bank\u00a0for $130 million.\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nThe deal,\u00a0announced\u00a0Wednesday (April 29), is designed to capitalize on both OppFI\u2019s digital finance capabilities with BNC\u2019s national banking charter.\n\u201cCombining our operations under unified regulatory supervision by the OCC and Federal Reserve simplifies and strengthens our compliance and risk management,\u201d\u00a0Todd Schwartz, OppFi\u2019s CEO and executive chairman, said in a news release.\n\u201cThis will position OppFi/BNC for long term scalability and sustainable growth. We are excited to get to work with BNC\u2019s team to maximize the strengths of our businesses and continue to find ways to better serve customers who have been traditionally underserved by banks.\u201d\nHeadquartered in Arizona, BNC had approximately $1.1 billion in total assets and approximately $1 billion in total deposits as of the end of last year. OppFi\u2019s platform is designed to connect consumers with community bank partners and\u00a0consumer loans.\nThe company said the acquisition will allow it to deliver more services, such as Small Business Administration (SBA) lending, secured consumer lending and wealth management.\nOppFi\u2019s acquisition plan comes as many other FinTechs are working to land banking charters, as PYMNTS wrote last month.\nIn fact, that report said, the\u00a0Office of the Comptroller of the Currency\u00a0(OCC) has gotten\u00a0so many applications\u00a0for banking charters from FinTech, payment and crypto firms to lobbying group the Bank Policy Institute (BPI) is considering suing the regulator over its wave of approvals.\nIn 2025 alone, the OCC received 14 de novo charter applications, a number nearly equaling the total applications received by the agency in the prior four years put together. By the middle of March, the OCC had approved four new applications and received more than seven.\nEarlier FinTech-to-bank conversions depended heavily on acquisitions. Buying a bank provided speed and regulatory certainty, while also importing \u201clegacy systems, cultural mismatches and balance sheet constraints designed for a different era,\u201d PYMNTS wrote.\nA bank charter \u201cis\u00a0not a trophy, and it certainly isn\u2019t a product label, but it\u2019s a public trust,\u201d Rodney E. Hood, former acting comptroller of the currency, told PYMNTS affiliate Competition Policy International in a January interview.\n\u201cA federal charter should never be construed as an end run around supervision, and it should certainly never be a pathway to scale without accountability,\u201d he added.\n\r\n\r\nThe post OppFi Moves Deeper Into Banking With $130 Million BNC Purchase appeared first on PYMNTS.com.", "date_published": "2026-04-29T09:43:28-04:00", "date_modified": "2026-04-29T09:43:28-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/08/OppFi-revenues-loans.png", "tags": [ "Acquisitions", "banking", "BNC Bank", "FinTech", "News", "OppFi", "PYMNTS News", "What's Hot" ] }, { "id": "https://www.pymnts.com/?p=3684717", "url": "https://www.pymnts.com/acquisitions/2026/fintech-land-grab-intensifies-as-deal-making-rewires-platforms/", "title": "FinTech Land Grab Intensifies as Deal-Making Rewires Platforms", "content_html": "

Recent FinTech dealmaking has been marked by firms pursuing acquisitions that extend control across payments, data, incentives and settlement. The strategies are arcing toward determining how transactions are created and how they are completed.

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In one recent example, as reported by PYMNTS, is Adyen\u2019s planned acquisition of Talon.One, which brings a loyalty and promotions engine into its payments infrastructure. The deal allows merchants to apply incentives at the point of checkout, linking pricing and offers directly to the transaction itself. The companies have said that through the combined efforts, merchants can recognize shoppers and apply a relevant offer instantly, before the payment is completed.

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The integration reflects a broader structural change. Loyalty is no longer a separate marketing layer but mow is part of the transaction itself, where conversion is determined.

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Billing and Workflow Move Upstream

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Other recent acquisitions extend control into how transactions are structured before they reach the payment stage. Stripe\u2019s acquisition of Metronome targets billing, particularly for usage-based pricing models that require tight coordination between product usage, invoicing and payment collection. By bringing billing in-house, Stripe moves into defining how revenue is calculated and recognized.

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American Express is buying Hyper in a move that addresses workflow and decisioning. The addition of AI-driven expense management and checkout automation allows Amex to influence how transactions are initiated, categorized and managed within commercial environments.

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These moves place both firms upstream of payments. Billing determines how much is charged and when. Workflow determines how transactions begin.

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Settlement and Data Expand the Stack

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A separate set of transactions targets the infrastructure that surrounds payments on either side of authorization. Mastercard\u2019s acquisition of BVNK reflects a push into stablecoin infrastructure, positioning the network within programmable settlement flows and cross-border liquidity management. Stablecoins are being developed as an alternative settlement layer, particularly for transactions that move outside traditional banking rails.

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Flutterwave\u2019s acquisition of Mono extends into open banking and financial data connectivity. Access to account-level data supports payment initiation, underwriting and fraud detection. Bringing that capability into the platform reduces reliance on third parties and strengthens control over the information that drives transaction decisions.

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Licensing Becomes Part of Platform Strategy

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Airwallex\u2019s acquisition of Paynuri addresses a different but equally important constraint: regulatory access. By acquiring a locally licensed provider in South Korea, Airwallex gains direct entry into domestic payment rails and reduces dependence on partners.

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Licensing thus becomes part of platform construction. Without it, firms cannot operate fully within local markets or control how transactions are processed and settled.

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A Repeatable Blueprint

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Across these transactions, the pattern is consistent. Adyen targets incentives. Stripe targets billing. Amex targets workflow. Mastercard targets settlement. Flutterwave targets data. Airwallex targets licensing.

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Each category represents a control point within the transaction lifecycle. The repetition across deals shows that firms are not experimenting. They are assembling the same set of capabilities in order to control how transactions are constructed from start to finish. Payments remain central, but they are no longer sufficient on their own.

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The pace of acquisitions suggests that firms are moving quickly to secure these capabilities while they remain available. Building them internally would require time and coordination across multiple systems. Acquisitions provide a direct path to integration. The result is a market that is organizing around platform control.

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The post FinTech Land Grab Intensifies as Deal-Making Rewires Platforms appeared first on PYMNTS.com.

\n", "content_text": "Recent FinTech dealmaking has been marked by firms pursuing acquisitions that extend control across payments, data, incentives and settlement. The strategies are arcing toward determining how transactions are created and how they are completed.\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nIn one recent example, as reported by PYMNTS, is Adyen\u2019s planned acquisition of Talon.One, which brings a loyalty and promotions engine into its payments infrastructure. The deal allows merchants to apply incentives at the point of checkout, linking pricing and offers directly to the transaction itself. The companies have said that through the combined efforts, merchants can recognize shoppers and apply a relevant offer instantly, before the payment is completed.\nThe integration reflects a broader structural change. Loyalty is no longer a separate marketing layer but mow is part of the transaction itself, where conversion is determined.\nBilling and Workflow Move Upstream\nOther recent acquisitions extend control into how transactions are structured before they reach the payment stage. Stripe\u2019s acquisition of Metronome targets billing, particularly for usage-based pricing models that require tight coordination between product usage, invoicing and payment collection. By bringing billing in-house, Stripe moves into defining how revenue is calculated and recognized.\nAmerican Express is buying Hyper in a move that addresses workflow and decisioning. The addition of AI-driven expense management and checkout automation allows Amex to influence how transactions are initiated, categorized and managed within commercial environments.\nThese moves place both firms upstream of payments. Billing determines how much is charged and when. Workflow determines how transactions begin.\nSettlement and Data Expand the Stack\nA separate set of transactions targets the infrastructure that surrounds payments on either side of authorization. Mastercard\u2019s acquisition of BVNK reflects a push into stablecoin infrastructure, positioning the network within programmable settlement flows and cross-border liquidity management. Stablecoins are being developed as an alternative settlement layer, particularly for transactions that move outside traditional banking rails.\nFlutterwave\u2019s acquisition of Mono extends into open banking and financial data connectivity. Access to account-level data supports payment initiation, underwriting and fraud detection. Bringing that capability into the platform reduces reliance on third parties and strengthens control over the information that drives transaction decisions.\nLicensing Becomes Part of Platform Strategy\nAirwallex\u2019s acquisition of Paynuri addresses a different but equally important constraint: regulatory access. By acquiring a locally licensed provider in South Korea, Airwallex gains direct entry into domestic payment rails and reduces dependence on partners.\nLicensing thus becomes part of platform construction. Without it, firms cannot operate fully within local markets or control how transactions are processed and settled.\nA Repeatable Blueprint\nAcross these transactions, the pattern is consistent. Adyen targets incentives. Stripe targets billing. Amex targets workflow. Mastercard targets settlement. Flutterwave targets data. Airwallex targets licensing.\nEach category represents a control point within the transaction lifecycle. The repetition across deals shows that firms are not experimenting. They are assembling the same set of capabilities in order to control how transactions are constructed from start to finish. Payments remain central, but they are no longer sufficient on their own.\nThe pace of acquisitions suggests that firms are moving quickly to secure these capabilities while they remain available. Building them internally would require time and coordination across multiple systems. Acquisitions provide a direct path to integration. The result is a market that is organizing around platform control.\n\r\n\r\nThe post FinTech Land Grab Intensifies as Deal-Making Rewires Platforms appeared first on PYMNTS.com.", "date_published": "2026-04-27T12:05:16-04:00", "date_modified": "2026-04-27T22:43:51-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2023/03/acquisitions.jpg", "tags": [ "Acquisitions", "Adyen", "B2B", "B2B Payments", "FinTech", "Mastercard", "News", "payments", "PYMNTS News", "Stripe" ] }, { "id": "https://www.pymnts.com/?p=3679086", "url": "https://www.pymnts.com/acquisitions/2026/adyen-plans-talon-one-buy-to-unite-payments-and-promotions/", "title": "Adyen Plans Talon.One Buy to Unite Payments and Promotions", "content_html": "

Adyen plans to acquire Talon.One, a platform for loyalty and incentives that serves more than 300 global merchants, for a total consideration of 750 million euros (about $878 million).

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The companies expect the transaction to close in the second half, subject to customary closing conditions and regulatory approvals, Adyen said in a Thursday (April 23) press release.

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The acquisition will build on Adyen\u2019s Unified Commerce strategy by adding Talon.One\u2019s real-time decisioning capabilities to Adyen\u2019s global payments infrastructure, creating a solution that will enable merchants to establish a consistent customer identity across channels and apply it directly in the shopper\u2019s cart, according to the release.

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It will also strengthen Adyen\u2019s position in agentic commerce and other emerging commerce models by combining customer identity, SKU-level data and real-time decisioning to allow merchants to influence what is shown and sold across channels, per the release.

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\u201cOur merchants ask us every day how they can better connect their online and in-store customer data and act on that in real time,\u201d Adyen Co-CEO Ingo Uytdehaage said in the release. \u201cMany have tried to build a solution themselves but struggle to turn insights into action. With Talon.One, a merchant can recognize a shopper and apply a relevant offer instantly, before the payment is completed, ultimately driving higher revenue.\u201d

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Talon.One co-founders Christoph Gerber and Sebastian Haas will reinvest \u201ca meaningful portion of their proceeds\u201d in shares in Adyen and will maintain a long-term commitment to the combined business, according to the release.

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\u201cJoining Adyen allows us to embed real-time decisioning at the core of every transaction,\u201d Gerber and Haas said in the release. \u201cTogether, we enable merchants to connect customer identity with pricing and promotions in real time, in-store and online, driving better outcomes for our customers.\u201d

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Adyen reported in February that in 2025, it increased its net revenue by 18% year over year, or 21% on a constant currency basis, to about $2.4 billion euros (about $2.8 billion).

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\u201cAs we shared in November at our Investor Day, we see a significant opportunity ahead and remain focused on our ambition to grow into one of the largest FinTech players in the world,\u201d Adyen Chief Financial Officer Ethan Tandowsky said in a Feb. 12 press release.

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In October 2025, Tandowsky said Adyen is working with other industry leaders to develop standards for agentic commerce and aims to deliver a \u201creally unique and differentiated solution\u201d for its customers.

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The post Adyen Plans Talon.One Buy to Unite Payments and Promotions appeared first on PYMNTS.com.

\n", "content_text": "Adyen plans to acquire Talon.One, a platform for loyalty and incentives that serves more than 300 global merchants, for a total consideration of 750 million euros (about $878 million).\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nThe companies expect the transaction to close in the second half, subject to customary closing conditions and regulatory approvals, Adyen said in a Thursday (April 23) press release.\nThe acquisition will build on Adyen\u2019s Unified Commerce strategy by adding Talon.One\u2019s real-time decisioning capabilities to Adyen\u2019s global payments infrastructure, creating a solution that will enable merchants to establish a consistent customer identity across channels and apply it directly in the shopper\u2019s cart, according to the release.\nIt will also strengthen Adyen\u2019s position in agentic commerce and other emerging commerce models by combining customer identity, SKU-level data and real-time decisioning to allow merchants to influence what is shown and sold across channels, per the release.\n\u201cOur merchants ask us every day how they can better connect their online and in-store customer data and act on that in real time,\u201d Adyen Co-CEO Ingo Uytdehaage said in the release. \u201cMany have tried to build a solution themselves but struggle to turn insights into action. With Talon.One, a merchant can recognize a shopper and apply a relevant offer instantly, before the payment is completed, ultimately driving higher revenue.\u201d\nTalon.One co-founders Christoph Gerber and Sebastian Haas will reinvest \u201ca meaningful portion of their proceeds\u201d in shares in Adyen and will maintain a long-term commitment to the combined business, according to the release.\n\u201cJoining Adyen allows us to embed real-time decisioning at the core of every transaction,\u201d Gerber and Haas said in the release. \u201cTogether, we enable merchants to connect customer identity with pricing and promotions in real time, in-store and online, driving better outcomes for our customers.\u201d\nAdyen reported in February that in 2025, it increased its net revenue by 18% year over year, or 21% on a constant currency basis, to about $2.4 billion euros (about $2.8 billion).\n\u201cAs we shared in November at our Investor Day, we see a significant opportunity ahead and remain focused on our ambition to grow into one of the largest FinTech players in the world,\u201d Adyen Chief Financial Officer Ethan Tandowsky said in a Feb. 12 press release.\nIn October 2025, Tandowsky said Adyen is working with other industry leaders to develop standards for agentic commerce and aims to deliver a \u201creally unique and differentiated solution\u201d for its customers.\n\r\n\r\nThe post Adyen Plans Talon.One Buy to Unite Payments and Promotions appeared first on PYMNTS.com.", "date_published": "2026-04-24T10:06:36-04:00", "date_modified": "2026-04-26T22:45:56-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2026/04/Adyen-Talon-One-buy.png", "tags": [ "Acquisitions", "Adyen", "B2B", "B2B Payments", "ecommerce", "FinTech", "News", "PYMNTS News", "Talon.One", "What's Hot", "What's Hot In B2B" ] }, { "id": "https://www.pymnts.com/?p=3663147", "url": "https://www.pymnts.com/acquisitions/2026/home-depot-buys-simpl-automation-to-support-same-day-delivery/", "title": "Home Depot Buys SIMPL Automation to Support Same-Day Delivery", "content_html": "

The Home Depot aims to strengthen its same-day and next-day fulfillment strategy with its acquisition of SIMPL Automation.

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The home improvement retailer announced the acquisition in a Wednesday (April 15) press release, saying SIMPL uses advanced engineering and artificial intelligence (AI) technology to help distribution facilities operate faster and more efficiently.

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Prior to the acquisition, the companies conducted a successful pilot at one of The Home Depot\u2019s distribution centers and found that SIMPL\u2019s systems accelerated pick speed and cycle times, according to the release.

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In addition, SIMPL has a patented storage and retrieval solution that helps maximize storage density. This solution will allow The Home Depot to house a broader assortment of products closer to customers, making for greater product availability and faster delivery.

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\u201cWe\u2019re focused on providing the best interconnected experience in home improvement by having products in stock and ready to deliver to our customers whether it\u2019s to the home or jobsite,\u201d Amit Kalra, senior vice president of supply chain at The Home Depot, said in the release. \u201cBy bringing SIMPL\u2019s industry-leading automation into our operations, we\u2019re accelerating the flow of products through our distribution network to deliver with unprecedented speed and precision.\u201d

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SIMPL Automation shared The Home Depot\u2019s press release in a Friday (April 17) post on LinkedIn, saying that the company is joining the home improvement retailer and that together they will focus on optimizing fulfillment speed, warehouse space utilization and the associate experience.

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\u201cThe Home Depot\u2019s commitment to advancing next-generation supply chain technologies creates an incredible opportunity for SIMPL to continue our mission: building solutions that seamlessly integrate into existing operations while delivering scalable, real-world performance,\u201d SIMPL said in the post.

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PYMNTS reported in February that The Home Depot has been growing its B2B business and, as part of that effort, has spent the last several years methodically assembling a wholesale-style ecosystem designed specifically for complex professional customers.

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The Home Depot\u2019s 2024 integration of SRS Distribution gave the company a foothold in roofing, landscaping and specialty building products, while its 2025 acquisition of GMS expanded the retailer capabilities in drywall, ceilings and steel framing.

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In March, The Home Depot\u2019s SRS Distribution subsidiary entered into an agreement to acquire Mingledorff\u2019s, a wholesale distributor of heating, ventilation and air conditioning (HVAC) products. The retailer expects this acquisition to close during the second quarter, subject to customary closing conditions.

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The post Home Depot Buys SIMPL Automation to Support Same-Day Delivery appeared first on PYMNTS.com.

\n", "content_text": "The Home Depot aims to strengthen its same-day and next-day fulfillment strategy with its acquisition of SIMPL Automation.\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nThe home improvement retailer announced the acquisition in a Wednesday (April 15) press release, saying SIMPL uses advanced engineering and artificial intelligence (AI) technology to help distribution facilities operate faster and more efficiently.\nPrior to the acquisition, the companies conducted a successful pilot at one of The Home Depot\u2019s distribution centers and found that SIMPL\u2019s systems accelerated pick speed and cycle times, according to the release.\nIn addition, SIMPL has a patented storage and retrieval solution that helps maximize storage density. This solution will allow The Home Depot to house a broader assortment of products closer to customers, making for greater product availability and faster delivery.\n\u201cWe\u2019re focused on providing the best interconnected experience in home improvement by having products in stock and ready to deliver to our customers whether it\u2019s to the home or jobsite,\u201d Amit Kalra, senior vice president of supply chain at The Home Depot, said in the release. \u201cBy bringing SIMPL\u2019s industry-leading automation into our operations, we\u2019re accelerating the flow of products through our distribution network to deliver with unprecedented speed and precision.\u201d\nSIMPL Automation shared The Home Depot\u2019s press release in a Friday (April 17) post on LinkedIn, saying that the company is joining the home improvement retailer and that together they will focus on optimizing fulfillment speed, warehouse space utilization and the associate experience.\n\u201cThe Home Depot\u2019s commitment to advancing next-generation supply chain technologies creates an incredible opportunity for SIMPL to continue our mission: building solutions that seamlessly integrate into existing operations while delivering scalable, real-world performance,\u201d SIMPL said in the post.\nPYMNTS reported in February that The Home Depot has been growing its B2B business and, as part of that effort, has spent the last several years methodically assembling a wholesale-style ecosystem designed specifically for complex professional customers.\nThe Home Depot\u2019s 2024 integration of SRS Distribution gave the company a foothold in roofing, landscaping and specialty building products, while its 2025 acquisition of GMS expanded the retailer capabilities in drywall, ceilings and steel framing.\nIn March, The Home Depot\u2019s SRS Distribution subsidiary entered into an agreement to acquire Mingledorff\u2019s, a wholesale distributor of heating, ventilation and air conditioning (HVAC) products. The retailer expects this acquisition to close during the second quarter, subject to customary closing conditions.\n\r\n\r\nThe post Home Depot Buys SIMPL Automation to Support Same-Day Delivery appeared first on PYMNTS.com.", "date_published": "2026-04-17T16:41:48-04:00", "date_modified": "2026-04-19T21:57:50-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2022/02/The-Home-Depot.jpg", "tags": [ "Acquisitions", "B2B", "B2B Payments", "fulfillment centers", "Home Depot", "News", "PYMNTS News", "Retail", "What's Hot", "What's Hot In B2B" ] }, { "id": "https://www.pymnts.com/?p=3656260", "url": "https://www.pymnts.com/acquisitions/2026/amex-acquires-hyper-to-boost-ai-and-expense-management-offerings/", "title": "Amex Acquires Hyper to Boost AI and Expense Management Offerings", "content_html": "

American Express is set to acquire Hyper, an agentic expense management company.

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The deal, announced Thursday (April 16), is designed to add to American Express\u2019 artificial intelligence expertise across its commercial services business, with Hyper\u2019s team helping Amex build agentic and AI-powered automation tools for businesses.

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\u201cOur customers want smarter, more efficient ways to manage expenses so they can focus on what\u2019s next for their business, and AI has the potential to transform the way businesses get things done,\u201d Raymond Joabar, group president of Global Commercial Services at American Express, said in a news release provided to PYMNTS.

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\u201cWe\u2019re thrilled to welcome Hyper, a team with deep expertise in designing and deploying AI agents, as we build next-generation AI capabilities into our products and services, including our expense management platform launching later this year.\u201d\u00a0

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Founded in 2022, Hyper focuses on using AI agents to turn expense management from a manual to more autonomous process. These agents, the news release added, can \u201cauto-categorize and file expenses, check them against budget and policy, and send reminders that submissions are due.\u201d

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Hyper teamed with Amex in 2024 to launch the Hypercard Rewards American Express card with embedded AI-powered expense agents employing the Agile Partner Platform.\u00a0

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In related news, American Express announced this week that it would extend its customer protection to registered AI agent purchases.

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That means the company\u2019s Agent Purchase Protection will protect eligible customers from charges related to AI agent error if the card member has allowed an AI agent to make a purchase and that agent sends American Express the customer\u2019s authenticated purchase intent, the company said in a news release.

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PYMNTS wrote last year about the way AI was helping businesses move past the use of manual systems for things like accounts payable (AP) work. These manual systems are error prone and can \u201cslow payments, obscure cash flow, hinder spend management and heighten fraud exposure,\u201d that report said.\u00a0

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Automation with AI technology has begun to emerge as an answer \u2014 not only speeding invoice workflows but also allowing data-driven financial decisions at scale.\u00a0

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\u201cWhile adoption is growing, with nearly three-quarters of organizations using AI in AP, automation maturity remains modest, leaving many manual steps in place. Trust is essential to achieving full automation maturity,\u201d that report added. \u201cTeams that succeed on this point stand to transform AP into a strategic advantage, unlocking real-time visibility, stronger control and smarter working-capital decisions.\u201d

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The post Amex Acquires Hyper to Boost AI and Expense Management Offerings appeared first on PYMNTS.com.

\n", "content_text": "American Express is set to acquire Hyper, an agentic expense management company.\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nThe deal, announced Thursday (April 16), is designed to add to American Express\u2019 artificial intelligence expertise across its commercial services business, with Hyper\u2019s team helping Amex build agentic and AI-powered automation tools for businesses.\n\u201cOur customers want smarter, more efficient ways to manage expenses so they can focus on what\u2019s next for their business, and AI has the potential to transform the way businesses get things done,\u201d Raymond Joabar, group president of Global Commercial Services at American Express, said in a news release provided to PYMNTS.\n\u201cWe\u2019re thrilled to welcome Hyper, a team with deep expertise in designing and deploying AI agents, as we build next-generation AI capabilities into our products and services, including our expense management platform launching later this year.\u201d\u00a0\nFounded in 2022, Hyper focuses on using AI agents to turn expense management from a manual to more autonomous process. These agents, the news release added, can \u201cauto-categorize and file expenses, check them against budget and policy, and send reminders that submissions are due.\u201d \nHyper teamed with Amex in 2024 to launch the Hypercard Rewards American Express card with embedded AI-powered expense agents employing the Agile Partner Platform.\u00a0\nIn related news, American Express announced this week that it would extend its customer protection to registered AI agent purchases.\nThat means the company\u2019s Agent Purchase Protection will protect eligible customers from charges related to AI agent error if the card member has allowed an AI agent to make a purchase and that agent sends American Express the customer\u2019s authenticated purchase intent, the company said in a news release.\nPYMNTS wrote last year about the way AI was helping businesses move past the use of manual systems for things like accounts payable (AP) work. These manual systems are error prone and can \u201cslow payments, obscure cash flow, hinder spend management and heighten fraud exposure,\u201d that report said.\u00a0\nAutomation with AI technology has begun to emerge as an answer \u2014 not only speeding invoice workflows but also allowing data-driven financial decisions at scale.\u00a0\n\u201cWhile adoption is growing, with nearly three-quarters of organizations using AI in AP, automation maturity remains modest, leaving many manual steps in place. Trust is essential to achieving full automation maturity,\u201d that report added. \u201cTeams that succeed on this point stand to transform AP into a strategic advantage, unlocking real-time visibility, stronger control and smarter working-capital decisions.\u201d\n \n\r\n\r\nThe post Amex Acquires Hyper to Boost AI and Expense Management Offerings appeared first on PYMNTS.com.", "date_published": "2026-04-16T09:15:39-04:00", "date_modified": "2026-04-16T10:21:12-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2026/04/American-Express-Hyper-1.jpg", "tags": [ "Agentic AI", "AI", "American Express", "B2B", "B2B Payments", "Hyper", "News", "PYMNTS News", "spend management", "What's Hot", "What's Hot In B2B", "Acquisitions" ] }, { "id": "https://www.pymnts.com/?p=3654767", "url": "https://www.pymnts.com/acquisitions/2026/etoro-expands-crypto-capabilities-with-70-million-zengo-deal/", "title": "eToro Expands Crypto Capabilities With $70 Million Zengo Deal", "content_html": "

Trading and investing platform\u00a0eToro\u00a0is set to acquire cryptocurrency wallet provider\u00a0Zengo.

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The deal,\u00a0announced\u00a0Wednesday (April 15), is designed to expand eToro\u2019s digital asset capabilities and support Zengo\u2019s growth by combining eToro’s multi-asset platform and distribution with Zengo\u2019s non-custodial wallet technology.

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The company did not reveal the price tag for the acquisition, but a\u00a0report\u00a0by Bloomberg News, citing a source familiar with the matter, put the value of the deal at $70 million.

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eToro says the acquisition will also bolster its ability to support \u201cevolving digital asset use cases,\u201d such as\u00a0tokenized assets and emerging decentralized trading models like prediction markets and perpetuals.

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\u201cWe believe the future of finance will be increasingly digital, decentralized and user-controlled, with self-custody playing an important role in that evolution,\u201d said\u00a0Yoni Assia, co-founder and CEO of eToro. \u201cZengo has built an innovative and secure wallet experience, and this acquisition will enable us to accelerate its growth while continuing to provide users with choice in how they access digital assets.\u201d

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Ouriel Ohayon, co-founder and CEO of Zengo, said the deal helps the company further its mission of simplifying self-custody for everyday crypto users.

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\u201cJoining eToro allows us to accelerate that mission at a global scale,\u201d Ohayon said. \u201cTogether, we can expand access to self-custody and on-chain finance while connecting it to a broader investing ecosystem that bridges traditional and on-chain finance.\u201d

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After\u00a0going public\u00a0last year, eToro said it had the cash to allow the company to pursue merger and acquisition deals.

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\u201cWe\u2019re looking to do more\u00a0ambitious stuff\u00a0involving acquisitions,\u201d Assia told Bloomberg at the time, adding that this included deals that would let eToro add more asset classes and locales to its platform.

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In other crypto news, PYMNTS wrote last week about the\u00a0regulatory transformation\u00a0happening in the industry, centered around the stablecoin.

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\u201cAbsent the volatility of their cryptocurrency cousins, these dollar-pegged tokens are being reframed as extensions of the existing financial system and weighed by corporates for their benefits in streamlining cross-border payments and optimizing treasury operations,\u201d that report said. \u201cThe first and only crypto policy signed into law, the\u00a0GENIUS Act, is a stablecoin-specific framework. And regulators are now operationalizing it to create a unified supervisory regime.\u201d

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A PYMNTS Intelligence and Citi report,\u00a0\u201cChain Reaction: Regulatory Clarity as the Catalyst for Blockchain Adoption,\u201d argues that blockchain\u2019s next leap will be determined by regulation, with evolving guidance creating the foundations for safe, scalable blockchain adoption.

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\u201cStill, the report found that implementation challenges continue to complicate blockchain\u2019s institutional and systemic progress,\u201d PYMNTS added.

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The post eToro Expands Crypto Capabilities With $70 Million Zengo Deal appeared first on PYMNTS.com.

\n", "content_text": "Trading and investing platform\u00a0eToro\u00a0is set to acquire cryptocurrency wallet provider\u00a0Zengo.\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nThe deal,\u00a0announced\u00a0Wednesday (April 15), is designed to expand eToro\u2019s digital asset capabilities and support Zengo\u2019s growth by combining eToro’s multi-asset platform and distribution with Zengo\u2019s non-custodial wallet technology.\nThe company did not reveal the price tag for the acquisition, but a\u00a0report\u00a0by Bloomberg News, citing a source familiar with the matter, put the value of the deal at $70 million.\neToro says the acquisition will also bolster its ability to support \u201cevolving digital asset use cases,\u201d such as\u00a0tokenized assets and emerging decentralized trading models like prediction markets and perpetuals.\n\u201cWe believe the future of finance will be increasingly digital, decentralized and user-controlled, with self-custody playing an important role in that evolution,\u201d said\u00a0Yoni Assia, co-founder and CEO of eToro. \u201cZengo has built an innovative and secure wallet experience, and this acquisition will enable us to accelerate its growth while continuing to provide users with choice in how they access digital assets.\u201d\nOuriel Ohayon, co-founder and CEO of Zengo, said the deal helps the company further its mission of simplifying self-custody for everyday crypto users.\n\u201cJoining eToro allows us to accelerate that mission at a global scale,\u201d Ohayon said. \u201cTogether, we can expand access to self-custody and on-chain finance while connecting it to a broader investing ecosystem that bridges traditional and on-chain finance.\u201d\nAfter\u00a0going public\u00a0last year, eToro said it had the cash to allow the company to pursue merger and acquisition deals.\n\u201cWe\u2019re looking to do more\u00a0ambitious stuff\u00a0involving acquisitions,\u201d Assia told Bloomberg at the time, adding that this included deals that would let eToro add more asset classes and locales to its platform.\nIn other crypto news, PYMNTS wrote last week about the\u00a0regulatory transformation\u00a0happening in the industry, centered around the stablecoin.\n\u201cAbsent the volatility of their cryptocurrency cousins, these dollar-pegged tokens are being reframed as extensions of the existing financial system and weighed by corporates for their benefits in streamlining cross-border payments and optimizing treasury operations,\u201d that report said. \u201cThe first and only crypto policy signed into law, the\u00a0GENIUS Act, is a stablecoin-specific framework. And regulators are now operationalizing it to create a unified supervisory regime.\u201d\nA PYMNTS Intelligence and Citi report,\u00a0\u201cChain Reaction: Regulatory Clarity as the Catalyst for Blockchain Adoption,\u201d argues that blockchain\u2019s next leap will be determined by regulation, with evolving guidance creating the foundations for safe, scalable blockchain adoption.\n\u201cStill, the report found that implementation challenges continue to complicate blockchain\u2019s institutional and systemic progress,\u201d PYMNTS added.\n\r\n\r\nThe post eToro Expands Crypto Capabilities With $70 Million Zengo Deal appeared first on PYMNTS.com.", "date_published": "2026-04-15T10:17:31-04:00", "date_modified": "2026-04-15T10:20:34-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2023/07/eToro.jpg", "tags": [ "Acquisitions", "Cryptocurrency", "digital assets", "eToro", "News", "PYMNTS News", "What's Hot", "ZenGo" ] }, { "id": "https://www.pymnts.com/?p=3651154", "url": "https://www.pymnts.com/acquisitions/2026/synctera-looks-to-beef-up-compliance-with-cable-acquisition/", "title": "Synctera Looks to Beef Up Compliance With Cable Acquisition", "content_html": "

Embedded finance firm\u00a0Synctera\u00a0has acquired compliance startup\u00a0Cable.

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The deal,\u00a0announced\u00a0Tuesday (April 14), is designed to complement Synctera\u2019s offerings in compliance areas such as know your customer (KYC).

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\u201cWhat Cable offers sits on the other side of the equation: instead of executing compliance controls, it independently verifies that those controls are working as intended,\u201d Synctera Co-founder and CEO\u00a0Peter Hazlehurst wrote on the company blog.

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\u201cThere\u2019s no reason to be satisfied by sampling every 100th KYC to check if we followed policy. We\u2019ll test everything.\u201d

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Cable\u2019s solution is designed to help banks audit and test whether FinTechs and service providers are actually doing what they claim in terms of\u00a0anti-money laundering\u00a0(AML) policies, KYC, transaction monitoring and other compliance measures.

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\u201cWe\u2019ve also found that banks find it quite helpful for their own internal use,\u201d Hazlehurst added.

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\u201cCable\u2019s product will continue to operate as a standalone offering, while also being extended to add an additional layer of compliance control on top of the Synctera Platform natively.\u201d

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Writing on her company\u2019s\u00a0blog, Cable Co-founder and CEO\u00a0Natasha Vernier\u00a0noted that the startup\u2019s journey had coincided with the rise of Banking as a Service (Baas) as a way for banks to expand their revenue streams and reach new markets.

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\u201cBanks look to\u00a0BaaS\u00a0providers like Synctera to help them grow,\u201d she wrote. \u201cCable being a part of Synctera means that even more banks will benefit from automating the hardest parts of their work.\u201d

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In related news, PYMNTS wrote recently about new proposed AML rules for federal banking regulators, arguing that they offer a \u201cclear path for how compliance will be expected to operate as financial services continue to\u00a0digitize and expand\u00a0across platforms.\u201d

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The rulemaking retains the central requirement that banks create and maintain programs for AML and to counter terror financing, while redefining how those programs are evaluated.

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A deeper reading of the proposed rulemaking, PYMNTS said, shows that the traditional structure of AML programs remains in place. Banks must keep internal controls, independent testing, a designated compliance officer and continual training.

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\u201cWhat seems on a glide path for change is how those components must operate,\u201d the report added. \u201cInternal controls must be risk-based and \u2018reasonably designed\u2019 to identify, assess and mitigate risks tied to customers, products and geographies.\u201d

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The post Synctera Looks to Beef Up Compliance With Cable Acquisition appeared first on PYMNTS.com.

\n", "content_text": "Embedded finance firm\u00a0Synctera\u00a0has acquired compliance startup\u00a0Cable.\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nThe deal,\u00a0announced\u00a0Tuesday (April 14), is designed to complement Synctera\u2019s offerings in compliance areas such as know your customer (KYC).\n\u201cWhat Cable offers sits on the other side of the equation: instead of executing compliance controls, it independently verifies that those controls are working as intended,\u201d Synctera Co-founder and CEO\u00a0Peter Hazlehurst wrote on the company blog.\n\u201cThere\u2019s no reason to be satisfied by sampling every 100th KYC to check if we followed policy. We\u2019ll test everything.\u201d\nCable\u2019s solution is designed to help banks audit and test whether FinTechs and service providers are actually doing what they claim in terms of\u00a0anti-money laundering\u00a0(AML) policies, KYC, transaction monitoring and other compliance measures.\n\u201cWe\u2019ve also found that banks find it quite helpful for their own internal use,\u201d Hazlehurst added.\n\u201cCable\u2019s product will continue to operate as a standalone offering, while also being extended to add an additional layer of compliance control on top of the Synctera Platform natively.\u201d\nWriting on her company\u2019s\u00a0blog, Cable Co-founder and CEO\u00a0Natasha Vernier\u00a0noted that the startup\u2019s journey had coincided with the rise of Banking as a Service (Baas) as a way for banks to expand their revenue streams and reach new markets.\n\u201cBanks look to\u00a0BaaS\u00a0providers like Synctera to help them grow,\u201d she wrote. \u201cCable being a part of Synctera means that even more banks will benefit from automating the hardest parts of their work.\u201d\nIn related news, PYMNTS wrote recently about new proposed AML rules for federal banking regulators, arguing that they offer a \u201cclear path for how compliance will be expected to operate as financial services continue to\u00a0digitize and expand\u00a0across platforms.\u201d\nThe rulemaking retains the central requirement that banks create and maintain programs for AML and to counter terror financing, while redefining how those programs are evaluated.\nA deeper reading of the proposed rulemaking, PYMNTS said, shows that the traditional structure of AML programs remains in place. Banks must keep internal controls, independent testing, a designated compliance officer and continual training.\n\u201cWhat seems on a glide path for change is how those components must operate,\u201d the report added. \u201cInternal controls must be risk-based and \u2018reasonably designed\u2019 to identify, assess and mitigate risks tied to customers, products and geographies.\u201d\n\r\n\r\nThe post Synctera Looks to Beef Up Compliance With Cable Acquisition appeared first on PYMNTS.com.", "date_published": "2026-04-14T10:45:06-04:00", "date_modified": "2026-04-14T22:30:29-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2026/04/Synctera-compliance-Cable.png", "tags": [ "Acquisitions", "AML", "B2B", "B2B Payments", "cable", "compliance", "News", "PYMNTS News", "Synctera", "What's Hot", "What's Hot In B2B" ] }, { "id": "https://www.pymnts.com/?p=3650574", "url": "https://www.pymnts.com/acquisitions/2026/instacart-acquires-instaleap-to-fuel-international-expansion/", "title": "Instacart Acquires Instaleap to Fuel International Expansion", "content_html": "

Instacart\u00a0says it has acquired Colombia-based grocery technology firm\u00a0Instaleap.

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The deal,\u00a0announced\u00a0Tuesday (April 14), is designed to promote Instacart\u2019s global expansion while adding to its technological capabilities.

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\u201cWe see a meaningful opportunity to expand internationally through an enterprise-led strategy that empowers retailers across the globe to meet the evolving omnichannel needs of their customers,\u201d\u00a0Ryan Hamburger, Instacart chief commercial officer, said in a news release.

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\u201cWe\u2019ve already seen growing global demand for our online and in-store technologies, including Storefront Pro and\u00a0Caper Carts, with early traction in Europe and Australia. With the addition of Instaleap\u2019s technology, international expertise, and deep retail relationships, we can accelerate our international expansion and better serve retailers and consumers around the world.\u201d

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Instaleap\u2019s technology, the release added, is designed to meet \u201ccore retailer needs\u201d such as marketplace integrations and\u00a0fulfillment services. The company has relationships with close to 100 grocery retailers and marketplaces outside North America and operations in nearly 30 countries in Latin America, Europe and the Middle East.

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Writing in February about Instacart’s most recent earnings report, PYMNTS argued that the company has been \u201cpositioning itself as a\u00a0technology enablement layer\u00a0for grocers that want true omnichannel capabilities without stitching together point solutions.\u201d

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In its shareholder letter, Instacart said its marketplace now spans more than 2,200 retail banners and almost 100,000 locations, while its Storefront technology powers upwards of 380 grocers\u2019 eCommerce sites.

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Elsewhere in the world of supermarket technology, PYMNTS wrote this week about efforts by the likes of\u00a0Tesco,\u00a0Albertsons and\u00a0Walmart\u00a0to use AI-powered shopping assistants \u201cthat convert a meal question into a\u00a0ready-to-checkout grocery basket.\u201d

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\u201cEach of these tools keeps discovery, selection and payment inside the retailer\u2019s own platform. That matters as third-party AI systems grow capable of intercepting the same customer journey,\u201d that report said.

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OpenAI\u00a0recently said it would end its\u00a0Instant Checkout feature, which allows shoppers to purchase directly through ChatGPT, and is shifting its focus to facilitating sales through retailers\u2019 dedicated apps within the chatbot.

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Around the same time,\u00a0Google\u00a0updated its\u00a0shopping agent platform, letting it load real-time product data, and allowing users to add multiple items to carts, and connect loyalty memberships.

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\u201cA shopper who plans meals and builds a cart through a general-purpose AI platform takes transaction data and discovery behavior with them,\u201d PYMNTS added. \u201cThe retailer loses visibility into what drove the purchase, what was considered and rejected, and which promotions landed.\u201d

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The post Instacart Acquires Instaleap to Fuel International Expansion appeared first on PYMNTS.com.

\n", "content_text": "Instacart\u00a0says it has acquired Colombia-based grocery technology firm\u00a0Instaleap.\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nThe deal,\u00a0announced\u00a0Tuesday (April 14), is designed to promote Instacart\u2019s global expansion while adding to its technological capabilities.\n\u201cWe see a meaningful opportunity to expand internationally through an enterprise-led strategy that empowers retailers across the globe to meet the evolving omnichannel needs of their customers,\u201d\u00a0Ryan Hamburger, Instacart chief commercial officer, said in a news release.\n\u201cWe\u2019ve already seen growing global demand for our online and in-store technologies, including Storefront Pro and\u00a0Caper Carts, with early traction in Europe and Australia. With the addition of Instaleap\u2019s technology, international expertise, and deep retail relationships, we can accelerate our international expansion and better serve retailers and consumers around the world.\u201d\nInstaleap\u2019s technology, the release added, is designed to meet \u201ccore retailer needs\u201d such as marketplace integrations and\u00a0fulfillment services. The company has relationships with close to 100 grocery retailers and marketplaces outside North America and operations in nearly 30 countries in Latin America, Europe and the Middle East.\nWriting in February about Instacart’s most recent earnings report, PYMNTS argued that the company has been \u201cpositioning itself as a\u00a0technology enablement layer\u00a0for grocers that want true omnichannel capabilities without stitching together point solutions.\u201d\nIn its shareholder letter, Instacart said its marketplace now spans more than 2,200 retail banners and almost 100,000 locations, while its Storefront technology powers upwards of 380 grocers\u2019 eCommerce sites.\nElsewhere in the world of supermarket technology, PYMNTS wrote this week about efforts by the likes of\u00a0Tesco,\u00a0Albertsons and\u00a0Walmart\u00a0to use AI-powered shopping assistants \u201cthat convert a meal question into a\u00a0ready-to-checkout grocery basket.\u201d\n\u201cEach of these tools keeps discovery, selection and payment inside the retailer\u2019s own platform. That matters as third-party AI systems grow capable of intercepting the same customer journey,\u201d that report said.\nOpenAI\u00a0recently said it would end its\u00a0Instant Checkout feature, which allows shoppers to purchase directly through ChatGPT, and is shifting its focus to facilitating sales through retailers\u2019 dedicated apps within the chatbot.\nAround the same time,\u00a0Google\u00a0updated its\u00a0shopping agent platform, letting it load real-time product data, and allowing users to add multiple items to carts, and connect loyalty memberships.\n\u201cA shopper who plans meals and builds a cart through a general-purpose AI platform takes transaction data and discovery behavior with them,\u201d PYMNTS added. \u201cThe retailer loses visibility into what drove the purchase, what was considered and rejected, and which promotions landed.\u201d\n\r\n\r\nThe post Instacart Acquires Instaleap to Fuel International Expansion appeared first on PYMNTS.com.", "date_published": "2026-04-14T08:39:43-04:00", "date_modified": "2026-04-14T22:30:39-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2026/04/Instacart-Instaleap.png", "tags": [ "Acquisitions", "B2B", "B2B Payments", "ecommerce", "grocery", "Instacart", "Instaleap", "News", "PYMNTS News", "What's Hot", "What's Hot In B2B" ] }, { "id": "https://www.pymnts.com/?p=3650520", "url": "https://www.pymnts.com/acquisitions/2026/openai-buys-personal-finance-platform-hiro/", "title": "OpenAI Buys Personal Finance Platform Hiro", "content_html": "

OpenAI has acquired artificial intelligence-(AI) powered personal finance startup Hiro Finance.

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The deal will see Hiro’s team join OpenAI, founder Ethan Bloch said in a LinkedIn post Monday (April 13). Bloch said the deal provides the opportunity to expand Hiro’s vision of creating an “AI personal CFO.”

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“For decades, personalized financial guidance has been too expensive, too generic or too hard to access. ChatGPT is finally changing that,” Bloch wrote.

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“The mission that brought us to Hiro, and to Digit before that, has not changed: improving people\u2019s financial well-being. If anything, it feels even more important now.”

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Terms of the deal were not released. The company’s LinkedIn profile says it has under 50 employees. Founded in 2023, Hiro’s tool allowed users to plan their finances by gaming out various scenarios according to their income, debt and spending patterns.\u00a0

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Before Hiro, Bloch founded the aforementioned Digit, a neobanking platform which provided personalized savings, investing and banking tools. That company was acquired by FinTech Oportun in 2021 for $211 million.

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Bloch said Hiro would begin shutting down operations April 20, and would erase all data from its servers on May 13. Customers can export their data prior to the shutdown.

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The acquisition follows OpenAI’s purchase last year of personal finance app Roi, with that company’s co-founder and CEO joining the ChatGPT maker.

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\u201cWe started Roi 3 years ago to make investing accessible to everyone by building the most personalized financial experience,” Sujith Vishwajith wrote in a post on X. “Along the way we realized personalization isn\u2019t just the future of finance. It\u2019s the future of software.”

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These deals come as experts are raising questions about a limit to AI’s ability to provide financial advice: it has no sense of fiduciary duty, meaning no obligation to act in a client\u2019s best interests.

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\u201cThe problem that we have to solve is not whether AI has enough expertise,\u201d Andrew Lo, a finance professor and director of the Laboratory for Financial Engineering at the MIT Sloan School of Management, told CNBC last week. \u201cThe answer right now is, clearly, AI has the [financial] expertise.\u201d

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But what they “don\u2019t have is that fiduciary duty,\u201d Lo added. \u201cThey don\u2019t have the ability to suffer consequences if they make a mistake to the same degree that a human advisor does.\u201d

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Research by PYMNTS Intelligence has shown consumers are increasingly turning to AI for tasks like organizing their personal finances.

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For instance, the data shows that 62% of Generation Z consumers said they were willing to use AI for \u201cwhat if\u201d financial planning.

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The post OpenAI Buys Personal Finance Platform Hiro appeared first on PYMNTS.com.

\n", "content_text": "OpenAI has acquired artificial intelligence-(AI) powered personal finance startup Hiro Finance.\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nThe deal will see Hiro’s team join OpenAI, founder Ethan Bloch said in a LinkedIn post Monday (April 13). Bloch said the deal provides the opportunity to expand Hiro’s vision of creating an “AI personal CFO.”\n“For decades, personalized financial guidance has been too expensive, too generic or too hard to access. ChatGPT is finally changing that,” Bloch wrote.\n“The mission that brought us to Hiro, and to Digit before that, has not changed: improving people\u2019s financial well-being. If anything, it feels even more important now.”\nTerms of the deal were not released. The company’s LinkedIn profile says it has under 50 employees. Founded in 2023, Hiro’s tool allowed users to plan their finances by gaming out various scenarios according to their income, debt and spending patterns.\u00a0\nBefore Hiro, Bloch founded the aforementioned Digit, a neobanking platform which provided personalized savings, investing and banking tools. That company was acquired by FinTech Oportun in 2021 for $211 million.\nBloch said Hiro would begin shutting down operations April 20, and would erase all data from its servers on May 13. Customers can export their data prior to the shutdown.\nThe acquisition follows OpenAI’s purchase last year of personal finance app Roi, with that company’s co-founder and CEO joining the ChatGPT maker.\n\u201cWe started Roi 3 years ago to make investing accessible to everyone by building the most personalized financial experience,” Sujith Vishwajith wrote in a post on X. “Along the way we realized personalization isn\u2019t just the future of finance. It\u2019s the future of software.”\nThese deals come as experts are raising questions about a limit to AI’s ability to provide financial advice: it has no sense of fiduciary duty, meaning no obligation to act in a client\u2019s best interests.\n\u201cThe problem that we have to solve is not whether AI has enough expertise,\u201d Andrew Lo, a finance professor and director of the Laboratory for Financial Engineering at the MIT Sloan School of Management, told CNBC last week. \u201cThe answer right now is, clearly, AI has the [financial] expertise.\u201d\nBut what they “don\u2019t have is that fiduciary duty,\u201d Lo added. \u201cThey don\u2019t have the ability to suffer consequences if they make a mistake to the same degree that a human advisor does.\u201d\nResearch by PYMNTS Intelligence has shown consumers are increasingly turning to AI for tasks like organizing their personal finances.\nFor instance, the data shows that 62% of Generation Z consumers said they were willing to use AI for \u201cwhat if\u201d financial planning.\n\r\n\r\nThe post OpenAI Buys Personal Finance Platform Hiro appeared first on PYMNTS.com.", "date_published": "2026-04-14T06:41:55-04:00", "date_modified": "2026-04-14T06:41:55-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2026/04/OpenAI-Lightcap-1.jpg", "tags": [ "Acquisitions", "AI", "artificial intelligence", "ChatGPT", "FinTech", "Hiro Finance", "News", "OpenAI", "personal finance", "PYMNTS News", "What's Hot" ] }, { "id": "https://www.pymnts.com/?p=3649709", "url": "https://www.pymnts.com/acquisitions/2026/atlasclear-files-to-buy-farmers-state-bank-parent-commercial-bancorp/", "title": "AtlasClear Files to Buy Farmers State Bank Parent Commercial Bancorp", "content_html": "

AtlasClear Holdings plans to acquire Wyoming-based Commercial Bancorp, the parent company of Farmers State Bank, as part of its strategy to build a vertically integrated financial services platform.

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AtlasClear, which is a technology-enabled financial services holding company, submitted regulatory applications with the Federal Reserve Board and the Wyoming Division of Banking, seeking approval for the acquisition, it said in a Monday (April 13) press release.

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The acquisition remains subject to the receipt of regulatory approvals and other customary closing conditions, according to the release.

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AtlasClear President Craig Ridenhour said in the release that the submission of the applications is a significant step in the company\u2019s strategy to build \u201ca fully integrated financial services platform.\u201d

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\u201cFarmers State Bank brings a stable, profitable and well-capitalized banking franchise that will complement our existing clearing infrastructure at Wilson-Davis & Co.,\u201d Ridenhour said. \u201cWe believe this combination will enhance our capabilities in deposits, payments and lending, while creating long-term value for shareholders through scale, diversified revenue streams, and operational synergies.\u201d

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Sandip Patel, general counsel and chief financial officer of AtlasClear, said in the release that the transaction structure reflected in the filings is designed to satisfy the requirements of the regulators to which they were submitted.

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\u201cWe have worked diligently to ensure our applications are thorough and complete, and we are confident in our ability to advance through the regulatory review process,\u201d Patel said. \u201cUpon closing, the addition of Farmers State Bank\u2019s regulated banking capabilities will directly support our vision of delivering a fully integrated clearing and banking platform to our clients.\u201d

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AtlasClear announced in February that it entered into a new share purchase agreement to acquire Commercial Bancorp that replaced a previous merger agreement. The company said that under the terms of the agreement, it will acquire 100% of the outstanding shares of Commercial Bancorp for consideration structured to be predominantly equity-based.

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John Schaible, executive chairman of AtlasClear, said at the time in a press release: \u201cThe share purchase agreement streamlines the transaction for regulators, preserves cash, aligns incentives through equity ownership, and delivers full ownership of a profitable Federal Reserve member bank that we expect to be accretive and strategically transformative for AtlasClear.\u201d

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The post AtlasClear Files to Buy Farmers State Bank Parent Commercial Bancorp appeared first on PYMNTS.com.

\n", "content_text": "AtlasClear Holdings plans to acquire Wyoming-based Commercial Bancorp, the parent company of Farmers State Bank, as part of its strategy to build a vertically integrated financial services platform.\r\n\t\r\n\t\t\r\n\t\r\n\r\n\r\n\t\nAtlasClear, which is a technology-enabled financial services holding company, submitted regulatory applications with the Federal Reserve Board and the Wyoming Division of Banking, seeking approval for the acquisition, it said in a Monday (April 13) press release.\nThe acquisition remains subject to the receipt of regulatory approvals and other customary closing conditions, according to the release.\nAtlasClear President Craig Ridenhour said in the release that the submission of the applications is a significant step in the company\u2019s strategy to build \u201ca fully integrated financial services platform.\u201d\n\u201cFarmers State Bank brings a stable, profitable and well-capitalized banking franchise that will complement our existing clearing infrastructure at Wilson-Davis & Co.,\u201d Ridenhour said. \u201cWe believe this combination will enhance our capabilities in deposits, payments and lending, while creating long-term value for shareholders through scale, diversified revenue streams, and operational synergies.\u201d\nSandip Patel, general counsel and chief financial officer of AtlasClear, said in the release that the transaction structure reflected in the filings is designed to satisfy the requirements of the regulators to which they were submitted.\n\u201cWe have worked diligently to ensure our applications are thorough and complete, and we are confident in our ability to advance through the regulatory review process,\u201d Patel said. \u201cUpon closing, the addition of Farmers State Bank\u2019s regulated banking capabilities will directly support our vision of delivering a fully integrated clearing and banking platform to our clients.\u201d\nAtlasClear announced in February that it entered into a new share purchase agreement to acquire Commercial Bancorp that replaced a previous merger agreement. The company said that under the terms of the agreement, it will acquire 100% of the outstanding shares of Commercial Bancorp for consideration structured to be predominantly equity-based.\nJohn Schaible, executive chairman of AtlasClear, said at the time in a press release: \u201cThe share purchase agreement streamlines the transaction for regulators, preserves cash, aligns incentives through equity ownership, and delivers full ownership of a profitable Federal Reserve member bank that we expect to be accretive and strategically transformative for AtlasClear.\u201d\n\r\n\r\nThe post AtlasClear Files to Buy Farmers State Bank Parent Commercial Bancorp appeared first on PYMNTS.com.", "date_published": "2026-04-13T19:27:04-04:00", "date_modified": "2026-04-13T19:27:04-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/679fcf5c2ed5358e99e8e23b22e3b5d761e37bdb76fa7b0e13d8ecd9ff01bf88?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2026/04/AtlasClear-Farmers-State-Bank.png", "tags": [ "AtlasClear", "banking", "Commercial Bancorp", "Farmers State Bank", "News", "PYMNTS News", "What's Hot", "Acquisitions" ] } ] }